Illinois General Assembly - Bill Status for HB3282
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 Bill Status of HB3282  101st General Assembly


Short Description:  PROP TX- FIRST-TIME HOMEBUYER

House Sponsors
Rep. David A. Welter

Last Action
DateChamber Action
  1/13/2021HouseSession Sine Die

Statutes Amended In Order of Appearance
35 ILCS 200/15-179 new
30 ILCS 805/8.43 new


Synopsis As Introduced
Amends the Property Tax Code. Creates a first-time homebuyer homestead exemption. Provides that residential property valued at $75,000 or more that is owned and occupied by a first-time homebuyer is entitled to a reduction in the equalized assessed value of the property in the amount of $7,500. Amends the State Mandates Act to require implementation without reimbursement.

Actions 
DateChamber Action
  2/15/2019HouseFiled with the Clerk by Rep. David A. Welter
  2/15/2019HouseFirst Reading
  2/15/2019HouseReferred to Rules Committee
  3/5/2019HouseAssigned to Revenue & Finance Committee
  3/14/2019HouseTo Property Tax Subcommittee
  3/29/2019HouseRule 19(a) / Re-referred to Rules Committee
  1/13/2021HouseSession Sine Die

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